4 Simple Tips to Achieve the all Important Ownership from Employees

Make them a part of the larger picture. Share company goals with them openly. 6m/12m/3yrs and seek their inputs.MOST importantly incorporate at least one of their inputs into your plan .Then the Vision is shared. It becomes theirs too

Create a ‘surprise reward’ system that makes them relive the positive experience when they think of your company. Surprise them giving a 2 day holiday or even occasional movie tickets with their spouse /friend .This experience of theirs will then generate a link with the company whenever they relive that good time creating specific positive brain grooves.

Empathise by showing you ‘care’. Wishing happy birthday is passé bcos every single bank, a tea stall owner & fb do it by default. Give a holiday or a surprise gift on his/her child or spouse’s birthday. Send a Mother’s day card to his/her mother from your side. Show that his/her family is yours.

Incorporate longevity based rewards. Use the multiplier effect on increment. For ex if your increment policy is 15% p.a.then have a Multiplier of say 20-30% on this for every yr spent. Ex.after year 2, his increment cd be 15+20%x15=18%Yr 3 cd be 15+30%x15=20% and so on.

Categories

Vijay Parthasarathy, an IITKanpur, IIM Ahmedabad Alumnus, works to energise your Brand(s) and organisation to explosive growths in unbelievably short timeframes. Vijay has transformed businesses across the world, including creating international brands out of unknown entities, with 35 years of global experience in Corporate Strategy and Brand Creation spanning 75 brands in multiple sectors.